Regulation 14 Special circumstances where revised actuarial valuations and certificates must be obtained

in paragraph (2), for sub-paragraphs (a) and (b) substitute–

“(a)

an actuarial valuation as at the date it ceases of the liabilities of the admission body which is a party to that admission agreement (“the outgoing admission body”), and

(b)

a revision of any rates and adjustments certificate for any fund which is affected, showing the revised contributions due from the outgoing admission body.”; and

after paragraph (2), insert as a new paragraph–

“(2A)

But where it is not possible for any reason to obtain revised contributions from the outgoing admission body, the administering authority may obtain a further revision of any rates and adjustments certificate for the fund, showing the revised contributions due from each employing authority who contributes to that fund.”.